Real gross domestic product increased 0.2% in December after rising 0.3% in November. Manufacturing and wholesale trade rose in December, while retail trade, mining, quarrying and extraction of oil and gas and utilities posted notable declines.
The output of service-producing industries increased 0.3%, mainly due to increases in the wholesale trade, the finance and insurance sector and the public sector (education, health and public administration). Arts, entertainment and recreation sector, as well as accommodation and food services also increased. However, retail trade decreased notably.
The output of goods-producing industries increased 0.2% in December. Manufacturing, construction and, to a lesser extent, the agriculture and forestry sector have all increased. Mining, quarrying and extraction of oil and gas and utilities fell.
Following growth of 0.6% in November, the production of durable goods rose 1.0% in December. Notable increases were recorded in wood products, transportation equipment and miscellaneous manufacturing in December. Conversely, manufacturing of metal products and, to a lesser extent, the machines were down.
manufacture of nondurable goods increased 1.1% in December, mainly due to gains in petroleum and coal products and chemical manufacturing. However, food manufacturing and, to a lesser extent, textiles, clothing and leather industry declined.
Wholesale trade grows while the retail contracts
After rising 1.0% in November wholesale trade expanded by 1.8% in December, as most trade subgroups showed growth. Motor vehicle and parts wholesaling, and construction and wholesale supplies materials have contributed to growth in December. However, the various wholesalers (including farm supplies wholesalers) decreased.
Retail trade contracted by 1.8% in December on the weakness of nearly all trade subgroups, after rising 1.5% in November. Declines were remarkable for motor vehicles and parts, clothing and accessories of clothing stores, food and beverage stores as well as general merchandise stores in December. Conversely, furniture and furnishings stores posted gains.
The progress of the finance and insurance sector
The finance and insurance sector rose 0.9% in December. Banking, insurance and financial investment services all increased.
Mines, quarries, mining, and oil and gas falls
Mining, quarrying and extraction of oil and gas fell 0.7 % in December, after rising 0.4% in November.
after rising 1.6% in November, the extraction of oil and gas fell 0.6% in December, following a decline in natural gas extraction. unconventional oil extraction and conventional crude oil extraction rose in December.
Support activities for mining and oil and gas extraction contracted 7.4% in December, due to decreases in rigging and drilling services.
However, mining (excluding oil and gas) rose 1.7% in December, mainly due to the increase in metal ore and coal mines. Potash mines declined in December.
Utilities contract
Utilities contracted 2.6% in December following declines in electricity production, transmission and distribution and natural gas distribution. Unseasonably warm weather in many parts of the country has resulted in lower demand for electricity and natural gas in December.
Construction increases
Construction rose 0.6% in December. Engineering construction, repair of residential construction and building grew. However, the construction of non-residential buildings decreased.
The output of real estate agents and brokers rose 0.4% in December, the third consecutive monthly gain.
The public sector develops
The public sector (education, health and public administration combined) increased 0.2% in December. The public administration, health care and education services have increased.
other industries
The arts, entertainment and recreation increased 2.1% in December, following gains in spectator sports and activities related.
Accommodation and food services increased 0.8% in December.
fourth quarter of 2015
The added value of the service industries grew by 0.5% in the fourth quarter, while that of goods-producing industries fell 0.9%.
the public sector (education, health and public administration) and wholesale trade were the main contributors to growth in the fourth quarter. There were also gains in the agricultural and forestry sector, retail trade, transportation and warehousing, as well as the finance and insurance sector. By contrast, mining, quarrying and extraction of oil and gas, construction, manufacturing and utilities fell.
year 2015
The added value of the service industries grew by 1.9% in 2015. the added value of goods-producing industries, however, fell 1.6%, the first annual decline since 09.
There were notable declines in mining, quarrying and oil extraction and gas (-3.5%), construction (-3.4%) and utilities (-1.0%). The agriculture and forestry grew by 4.4% while manufacturing rose 0.1%.
Finance and insurance (+ 4.5%) and the public sector (education, health and public administration combined) (+ 1.2%) were the largest contributor to growth in producing industries services in 2015. There were also notable gains in transportation and warehousing (+ 3.1%), retail trade (+ 2.4%) and wholesale trade (+ 1.3% ).
StatCan
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